Spanish Two-Year Notes Pare Advance as Nation Sells Securities

Spain’s two-year notes pared an earlier advance as the nation sold 2.54 billion euros of debt at an auction.

Two-year Spanish note yields were two basis points lower at 3.39 percent at 9:49 a.m. London time, after falling as much as eight basis points before the auction. Ten-year bond yields advanced three basis points to 5.85 percent.

Spain sold the two-year securities at an average yield of 3.463 percent. It auctioned the 10-year benchmark bonds at 5.743 percent, compared with 5.403 percent when it last sold them in January.

To contact the reporter on this story: Emma Charlton in London at

To contact the editor responsible for this story: Daniel Tilles at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.